TCRIX

About TCRIX

Nuveen Lifecycle 2030 Fund R6 is a target-date mutual fund designed for individuals planning to retire around the year 2030. Its primary function is to deliver a diversified investment solution that dynamically adjusts portfolio allocations as the target retirement date approaches and progresses. The fund employs a "glide path" strategy, starting with a high allocation to equities—approximately 95%—and gradually shifting toward a more conservative mix, reaching about 50% equities at retirement and eventually as low as 20% equities three decades after the target date. The portfolio's construction incorporates a blend of underlying Nuveen funds, diversified across U.S. and international equities, fixed income, and direct real estate investments. This adaptive model seeks to maximize risk-adjusted outcomes by balancing capital appreciation needs with decreasing risk tolerance over time. The fund holds significant assets, with notable concentrations in core bond and equity strategies, maintaining around 22% portfolio turnover and a moderate expense ratio. It serves investors seeking a professionally managed, all-in-one retirement savings vehicle aligned with a specific time horizon and evolving investment needs.